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Get Your Studs in Line With Gaither

The UK garage and workshop equipment market is a highly competitive one, and Gaither Tools is developing a name for itself through the range it offers. Recently the company launched another product in the UK – the O Liner. This Gaither patented tool has been specifically designed to make it even easier to line up wheel studs with rim holes, thereby minimising installation time. When combined with Gaither’s existing Wheel Dolly, this new product makes positioning a wheel back onto a hub an even safer and straightforward procedure. Gaither reports that O Liner effectively reduces the risk of injury when dealing with heavy tyres and rims.

20th August 2010/by Tyrepress Editors

Bandvulc Tyre Contracts Celebrates 10th Anniversary, 1 Millionth Order

Bandvulc Tyre Contracts (BTC), the well-known independent retreader’s tyre management arm, has celebrated the authorisation of its 1 millionth order number. The firm celebrated the significant milestone alongside BTC’s 10th anniversary in July.

“BTC’s success bears testimony to the commitment and hard work of the in-house team and also our service providers. We would like to express our thanks for their continued support and collaboration. At the rate we’re going we should reach our 2 millionth order number in half the time – somewhere in 2015,” Kevin McPherson, BTC Manager, commented.

16th August 2010/by Tyrepress Editors

E-Commerce Growth Drives Delticom Revenues in H1, 2010

In reporting its financial results for the first half of the 2010 financial year, Germany’s Delticom AG – the company behind mytyres.co.uk – observed a marked difference between the performance of its main e-commerce business and its comparatively small-scale wholesale operation. Delticom notes the continuation of the global economic recovery during the first and an improvement in conditions in most European countries, yet has also seen that within the “strong rebound” in its home market Germany domestic demand has lagged behind the improving consumer sentiment. Therefore, while the internet is “steadily gaining significance as a sales channel”, Delticom states that the late-cycle retail sector as a whole “has not yet been able to benefit from the upturn to the same extent as other sectors of the economy.”

10th August 2010/by Tyrepress Editors

Nokian Increasing Capacity in Second Half to Meet Demand

Net sales at Nokian Tyres rose 36.3 per cent year-on-year during the second quarter of 2010 to 260.4 million euros, giving the Finnish tyre maker total net sales of 444.2 million euros in the current financial year – an increase of 28.1 per cent over the first half of 2009. Operating profit for the quarter was 60.9 million euros, a year-on-year growth of 200 per cent, while operating profit for the first half stood at 82.0 million euros, up 369 per cent on the corresponding period of last year. Second quarter net profit amounted to 52.6 million euros, a growth of 342 per cent on the 11.9 million euro profit in quarter two of 2009. Profits for the first two quarters total 72.6 million euros, an impressive 4,740 per cent increase on the 1.5 million euro profit reached in the first half of the 2009 fiscal year.

5th August 2010/by Tyrepress Editors

Kumho Tires Enjoying 2nd Quarter in the Black

Following a less than optimal 2009 Kumho Tires has achieved positive results for the second consecutive quarter of this year. The South Korean manufacturer’s revenue increased 34 per cent year-on-year during the second quarter of 2010 to KRW 628.1 billion (£336.1 million), with operating profit reaching KRW 66.9 billion (£35.8 million) and an operating profit margin of 10.7 per cent. Net profit for the three months to June 30 was KRW 53.9 billion (£28.8 million), contrasting with a loss of KRW 113.2 billion a year earlier.

4th August 2010/by Tyrepress Editors

Pro-Align to Offer a Helping Hand at Brityrex

Four wheel alignment servicing is reportedly a growing income stream in the tyre retail sector, and what’s more it is a ‘high margin’ service, which can only help the bottom line. That’s what why wheel alignment and equipment specialists Pro-Align are offering tyre depots a helping hand towards offering this service on the firm’s stand at October’s Brityrex exhibition. As company representatives told Tyres & Accessories: “To ignore [wheel alignment’s] potential means businesses…run the risk of being left behind.”

16th July 2010/by Tyrepress Editors

Sihong Benteng Launches New Solid Tyres

China-based Sihong Benteng Rubber Products Co, Ltd has announced plans to launch two new solid tyres. The firm reports that it has developed the new products, which come in 40×15-24 (385/65-24) and 445/65-24 sizes for boom lift applications. Last month the firm told Tyres & Accessories that it now has the capacity to produce 5000 off-the-road tyres/year. Situated five hours from Shanghai airport and 2 hours from Nanjing airport by car, the company reports that it is “mainly engaged in manufacturing various specifications [of] engineering tracks, agricultural tracks, OTR and bicycle tyres.”

13th July 2010/by Tyrepress Editors

Work Begins on Nexen PCR Plant

Construction work on Nexen’s newest passenger car and light commercial vehicle tyre factory in South Korea’s Gyeongnam Province has begun following its groundbreaking ceremony on June 24. The 500,000 square metre Changnyeong facility is being built with a 1.2 trillion won (£646 million) investment and Nexen anticipates its output will boost the company’s South Korea and China total to 60 million pieces per annum.

6th July 2010/by Tyrepress Editors

Bridgestone and Bandag Gain 55 Leads in First Joint Show

Bridgestone UK and Bandag attended this year’s Tip-ex show in Harrogate for the first time since the two companies’ merger. And what’s more the company reports that it gained “55 firm leads and enquiries to follow up,” surpassing all expectations. Ross Medlyn, Bandag franchise manger for UK and Ireland commented: “Bandag attended the show two years ago and it was a real success, so we wanted to take the opportunity to present Bridgestone and Bandag under one umbrella for the first time at Tip-ex 2010."

15th June 2010/by Tyrepress Editors

Caledonian Logistics Renews Pirelli Truck Tyre Deal

After seven years with a Pirelli policy, Caledonian Logistics has renewed its truck tyre supply deal with the company for 2010/2011. Utilising Pirelli’s new updated Amaranto range, designed specifically for long haul usage, the company reports that it is “confident of continued excellent mileage performance and minimal downtime” following the contract renewal.

Graham Hutchison, Pirelli’s UK director of truck, was obviously pleased: “Lots of Companies chase new business, and we do, but it’s the existing partnerships that are the backbone of your success. Pirelli and Caledonian have worked together over a number of years and we look forward to a new year of fruitful partnership and success.”

14th June 2010/by Tyrepress Editors

Sihong Benteng Rubber Reports 5000 OTR Tyres a Year Output

Chinese Industrial and OTR track and tyre maker Sihong Benteng Rubber Products Co, Ltd is reporting that it now has the capacity to produce 5000 off-the-road tyres/year. Situated five hours from Shanghai airport and 2 hours from Nanjing airport by car, the company reports that it is “mainly engaged in manufacturing various specifications [of] engineering tracks, agricultural tracks, OTR and bicycle tyres.”

According to company literature, Sihong Benteng holds a triple A (AAA) credit rating and is amongst the top 10 ratepayers in the Sihong Economic & Technological Development Zone of Jiangsu Province. Here, the company reports it manufactures 40,000 engineering, 15,000 agricultural tracks 5000 OTR tyres, and 3 million bicycle tyres a year in the firms 60,000 square metre production plant. These are subsequently sold under the company’s Threestone brand name.

8th June 2010/by Tyrepress Editors

Dunlop Introduce New Le Mans Tyre Technology

At this year’s Le Mans 24 hour race Dunlop will be using a new wet tyre designed to “improve grip and driver feedback.” The latest Dunlop tyre will be used in the top class of the event, the LMP1 Le Mans Prototype category, and features Dunlop’s both a new compound technology and a new tread pattern that the company reports has been successfully tested in recent events.

According to the company, this new tread pattern (which will be used on all Dunlop Le Mans wet weather tyres) features design technology that has also inspired Dunlop’s latest high performance road tyres. Like the recently launched Dunlop SP QuattroMaxx road tyre, the new Dunlop TF23 wet race tyre features different zones in the tread pattern to maximise the grip and driver feedback in changeable conditions and under different loads.

3rd June 2010/by Tyrepress Editors

Are Unqualified Sellers Contaminating Second Hand Wheel Market?

Quality assurance managers for commercial vehicle fleets are being urged to check their supply lines as a leading wheel distributor warns that a rise in unqualified wheel sellers threatens to “contaminate the market with substandard products.” Motor Wheel Services (MWS) estimates that over 10,000 second hand and take-off wheels entered the market in 2009, of which the large majority were sold by companies who do not possess the technical abilities or examination procedures to ascertain the history and fatigue of a wheel. In a few very serious cases, the company’s field sales team have been made aware of old, repainted wheels being sold as new. And, as MWS reports, the serious implications of purchasing a faulty wheel include warranty, liability and safety issues.

21st May 2010/by Tyrepress Editors

CamberTire – Set to Revolutionise the Tyre Industry?

US based company Optima Sports LLC has released its patented CamberTire, and believes we will hear this product name much, much more in the coming years. “This advancement will revolutionise the tyre industry and we are ready to bring it to market," said company owner and CamberTire inventor John Robinson Scott. “The benefits this design offers are significant to a traditionally slow changing industry – we have, literally, reinvented the wheel.”

14th May 2010/by Tyrepress Editors

Micheldever Opens Middlesex Logistics Centre

Micheldever Tyres Services (MTS) has opened a new distribution centre in Middlesex, North West London. The new site situated in Greenford, Middlesex, will have a storage capacity of over 100,000 tyres, which will according to the company “carry a huge range of patterns and sizes of tyres in all brands to ensure maximum possible availability for the increasingly important same day delivery service.”

MTS wholesale director Alan Baldwin described the opening of the company’s latest warehouse as “Micheldever’s greatest leap forward in customer service since we opened our Halifax warehouse,” adding:

10th May 2010/by Tyrepress Editors